A business that would not be expected to have a large percentage of its current assets in merchandise inventory would be a?
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A business that would not be expected to have a large percentage of its current assets in merchandise inventory would be a?
A non-merchandising company. Think of companies that do not sell merchandise to make money. An extreme example would be a payday loan company. Most of that companies current assets are accounts receivable expected to be paid within one year.
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